New Zealand Legislation: Acts

116 Secretary may limit or exclude costs of corporate society

• (1) The Secretary may, by notice in the Gazette, set limits on, or exclude, the costs that may be incurred by a corporate society that conducts class 4 gambling.

  (2) The costs that may be limited or excluded by the Secretary include the following:

  • (a) costs associated with the class 4 venue, including salary or wages paid to a key person or another person for work associated with class 4 gambling at the venue, whether or not they are costs identified in the class 4 venue agreement:

  • (b) costs associated with repairing and maintaining gambling equipment:

  • (c) costs of operating the corporate society, including fees, salary, expenses, or other payments to a key person or another person involved in operating the corporate society.

  (3) A notice under subsection (1) may apply—

  • (a) to specified licence holders or classes of licence holder; or

  • (b) in respect of specified venues or classes of venue; or

  • (c) in respect of specified gambling equipment or classes of gambling equipment; or

  • (d) in respect of specified games or classes of games.

  (4) A limit may be expressed in any way that the Secretary considers appropriate, including the following:

  • (a) as a specific amount:

  • (b) as a percentage:

  • (c) as an amount for each gaming machine.

  (5) A contract or other arrangement or obligation entered into by a corporate society, whether before or after the passage of this Act, that does not comply with limits set under subsection (1) is an illegal contract for the purposes of the Illegal Contracts Act 1970.

  (6) A notice by the Secretary under subsection (1)—

  • (a) is a regulation for the purposes of the Regulations (Disallowance) Act 1989; but

  • (b) is not a regulation for the purposes of the Acts and Regulations Publication Act 1989.